Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of 7.41x is in line with its 5-year average of 6.93x, near the low end of its 5-year range (-10.36x–53.00x).
31.62% above its 12-month average of 5.63x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-07-04): 9.17x.
INTEREST COVERAGE RATIO
7.41x
INTEREST COVERAGE RATIO AVG TTM
5.63x
INTEREST COVERAGE RATIO AVG 3Y
6.48x
INTEREST COVERAGE RATIO AVG 5Y
6.93x
INTEREST COVERAGE RATIO AVG 10Y
6.09x
INTEREST COVERAGE RATIO AVG 15Y
4.65x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+31.62%
CURRENT VS 3Y AVG
+14.28%
CURRENT VS 5Y AVG
+6.97%
CURRENT VS 10Y AVG
+21.70%
CURRENT VS 15Y AVG
+59.52%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
7.78x
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-4.76%
vs the sector median at left
Zebra Technologies Corporation
Market Cap
$16.42B
Interest Coverage Ratio
7.41x
TTM Avg
5.63x
3Y Avg
6.48x
5Y Avg
6.93x
Market Cap
$16.37B
Interest Coverage Ratio
7.54x
TTM Avg
7.62x
3Y Avg
8.66x
5Y Avg
7.85x
Market Cap
$16.30B
Interest Coverage Ratio
10.38x
TTM Avg
9.93x
3Y Avg
7.59x
5Y Avg
6.90x
Market Cap
$16.84B
Interest Coverage Ratio
9.06x
TTM Avg
18.36x
3Y Avg
19.78x
5Y Avg
20.12x
Market Cap
$15.74B
Interest Coverage Ratio
-17.67x
TTM Avg
2.00x
3Y Avg
1.00x
5Y Avg
1.00x
Market Cap
$15.62B
Interest Coverage Ratio
20.42x
TTM Avg
20.05x
3Y Avg
34.26x
5Y Avg
26.23x
Market Cap
$14.93B
Interest Coverage Ratio
N/A
TTM Avg
17.61x
3Y Avg
13.89x
5Y Avg
13.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zebra Technologies Corporation (ZBRA) | $16.42B | 7.41x | 5.63x | 6.48x | 6.93x |
| Fortive Corporation (FTV)vs › | $16.37B | 7.54x | 7.62x | 8.66x | 7.85x |
| Leidos Holdings, Inc. (LDOS)vs › | $16.30B | 10.38x | 9.93x | 7.59x | 6.90x |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.84B | 9.06x | 18.36x | 19.78x | 20.12x |
| IREN Limited (IREN)vs › | $15.74B | -17.67x | 2.00x | 1.00x | 1.00x |
| Akamai Technologies, Inc. (AKAM)vs › | $15.62B | 20.42x | 20.05x | 34.26x | 26.23x |
| MKS Inc. (MKSI)vs › | $17.62B | 2.67x | 2.05x | 2.53x | 10.24x |
| Dynatrace, Inc. (DT)vs › | $14.93B | N/A | 17.61x | 13.89x | 13.89x |
| PTC Inc. (PTC)vs › | $14.94B | 12.76x | 8.84x | 7.36x | 6.63x |
| Gen Digital Inc. (GEN)vs › | $17.86B | 3.79x | 3.79x | 2.75x | 3.85x |
Interest Coverage
7.4x
Debt/Equity
0.86
Current Ratio
0.52
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-07-04 | 9.17x |
| 2026-04-04 | 5.81x |
| 2025-12-31 | 6.00x |
| 2025-09-27 | 1.54x |
| 2025-06-28 | 7.32x |
| 2025-03-29 | 8.48x |
| 2024-12-31 | 8.33x |
| 2024-09-28 | 6.16x |
| 2024-06-29 | 7.26x |
| 2024-03-30 | 9.35x |
| 2023-12-31 | 1.90x |
| 2023-09-30 | -0.75x |
| 2023-07-01 | 12.13x |
| 2023-04-01 | 6.08x |
| 2022-12-31 | 10.83x |
| 2022-10-01 | 11.22x |
| 2022-07-02 | -10.36x |
| 2022-04-02 | 53.00x |
| 2021-12-31 | 44.60x |
| 2021-10-02 | 47.40x |
| 2021-07-03 | 35.29x |
| 2020-12-31 | 33.00x |
| 2020-09-26 | 15.00x |
| 2020-06-27 | 8.50x |
| 2020-03-28 | 3.36x |
| 2019-12-31 | 47.00x |
| 2019-09-28 | 6.61x |
| 2019-06-29 | 4.85x |
| 2019-03-30 | 6.63x |
| 2018-12-31 | 4.59x |
| 2018-09-29 | 9.00x |
| 2018-06-30 | 5.43x |
| 2018-03-31 | 13.09x |
| 2017-12-31 | 2.61x |
| 2017-09-30 | 0.96x |
| 2017-07-01 | 1.45x |
| 2017-04-01 | 0.98x |
| 2016-12-31 | 1.48x |
| 2016-10-01 | -0.52x |
| 2016-07-02 | 0.45x |
| 2016-04-02 | 0.20x |
| 2015-12-31 | 0.45x |
| 2015-10-03 | 0.56x |
| 2015-07-04 | -0.28x |
| 2015-04-04 | 0.39x |
| 2014-12-31 | -0.44x |
| 2014-03-29 | 2967.11x |
| 2011-12-31 | 70.91x |